The following information pertains to Crane Company. 1. Cash balance per bank, July 31, $11,136. 2. July bank service charge not recorded by the depositor $64. 3. Cash balance per books, July 31, $11,264. 4. Deposits in transit, July 31, $4,544. 5. $2,560 collected for Crane Company in July by the bank through electronic funds transfer. The accounts receivable collection has not been recorded by Crane Company. 6. Outstanding checks, July 31, $1,920. Prepare a bank reconciliation at July 31, 2022.(List items that increase balance as per bank & books first.) CRANE COMPANY Bank Reconciliation Choose the accounting period Select an opening section 1 name $Enter a dollar amount 11136 Select between addition and deduction: Select a reconciling item Enter a dollar amount 64 Enter a subtotal of the two previous amounts 11200 Select between addition and deduction: Select a reconciling item Enter a dollar amount -1920 Select a closing section 1 name $Enter a total amount for section one 9280 Select an opening section 2 name $Enter a dollar amount 11264 Select between addition and deduction: Select a reconciling item Enter a dollar amount Enter a subtotal of the two previous amounts Select between addition and deduction: Select a reconciling item Enter a dollar amount 64 Select a closing section 2 name $Enter a total amount for section two eTextbook and Media List of Accounts Partially correct answer iconYour answer is partially correct. Journalize the adjusting entries at July 31 on the books of Crane Company. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit July 31 Enter an account title to record electronic funds transfer received by bank on july 31 Bank Charges Expense Enter a debit amount 64 Enter a credit amount Enter an account title to record electronic funds transfer received by bank on july 31 Cash Enter a debit amount Enter a credit amount 64 (To record electronic funds transfer received by bank) July 31 Enter an account title to record bank service charge on july 31 Cash Enter a debit amount Enter a credit amount Enter an account title to record bank service charge on july 31 Notes Receivable Enter a debit amount Enter a credit amount (To record bank service charge) eTextbook and Media